Development Manager, Corporate
Salary

Generous salaries abound for Corporate Development Managers in the United States, with average pay above six figures ($98K) per year. Geography is the biggest factor affecting pay for this group, followed by tenure. Medical benefits are awarded to nearly all, and most earn dental coverage. Job satisfaction for Corporate Development Managers is high. The figures in this rundown are based on the results of PayScale's salary questionnaire.

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

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Job Description for Development Manager, Corporate

Corporate development managers are in charge of managing corporate development efforts for their organization. They are responsible for providing leadership related to evaluating purchasing prospects and investment initiatives. These managers must possess strong interpersonal skills to interact with a variety of development professionals, as well as departmental managers. Additionally, corporate development managers perform financial modeling and work in a team environment with other managers to achieve all development objectives in a timely fashion.

Some of the corporate development manager's main duties also include conducting performance reviews after purchases and development projects, overseeing development programs, and creating effective strategies to identify possible target for investments and acquisitions. These managers must strive to build strong business relationships to increase company profitability and be able to use a personal computer to communicate with internal teams and vendors, evaluate proposals, and respond to development inquiries. Corporate development managers evaluate integration plans, oversee valuation processes, write detailed reports based on development program results and observations, and present development opportunities to upper management during corporate meetings.

At least a bachelor's degree in business, economics, business administration, or a related field is required for this position. In addition, previous experience in a related capacity is needed as well. Leadership and industry certifications may be beneficial. Corporate development managers must be able to work in a fast-paced environment and complete projects under strict deadlines. They also need to work well in a team setting, as well as on their own with minimal supervision.

Development Manager, Corporate Tasks

Work with other teams to define product features and market changes, and solve large-scale problems.

Create and improve workflow and documentation processes to ensure quality and meeting of deadlines.

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Popular Skills for Development Manager, Corporate

This chart shows the most popular skills for this job and what effect each skill has on pay.

Survey results suggest that Corporate Development Managers put a wide range of professional skills to use. Lucky workers who know Due Diligence can expect a significant pay bump, scoring salaries 20 percent above average. Financial Modeling and Mergers and Acquisitions are also correlated to pay that is above average, with increases between 11 percent and 20 percent. Those listing Fundraising as a skill should be prepared for drastically lower pay. Those proficient in Financial Modeling are, more often than not, also skilled in Microsoft Excel.